0001127602-15-012151.txt : 20150320 0001127602-15-012151.hdr.sgml : 20150320 20150320125230 ACCESSION NUMBER: 0001127602-15-012151 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150320 DATE AS OF CHANGE: 20150320 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY BANK SYSTEM, INC. CENTRAL INDEX KEY: 0000723188 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 161213679 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5790 WIDEWATERS PKWY CITY: DEWITT STATE: NY ZIP: 13214 BUSINESS PHONE: 8007242262 MAIL ADDRESS: STREET 1: 5790 WIDEWATERS PARKWAY CITY: DEWITT STATE: NY ZIP: 13214 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK NA, a subsidiary of Community Bank System Inc DATE OF NAME CHANGE: 20130729 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK NA, a subsidiary of Community Bank System Inc. DATE OF NAME CHANGE: 20130726 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK SYSTEM INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ACE BRIAN R CENTRAL INDEX KEY: 0001264817 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 15715598 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-12-31 0000723188 COMMUNITY BANK SYSTEM, INC. CBU 0001264817 ACE BRIAN R R.R. #1, BOX 1550 LACEYVILLE PA 18623 1 Common Stock 2014-12-31 4 J 0 17635.298 0 D 0 I By Laceyville Hardware Sep Common Stock 2014-12-31 4 J 0 17635.298 0 A 46049.3169 D Common Stock 125.839 I By Spouse Phantom Stock (Deferred Stock Units) 2015-03-18 4 A 0 850 0 A Common Stock 850 850 D Phantom Stock (Deferred Compensation) Common Stock 24725.8938 24725.8938 D Phantom Stock (Stock Balance Plan) Common Stock 3063.22 3063.22 D Distribution from the Laceyville Hardware SEP into the reporting person's SEP IRA. Includes 678.298 shares acquired in 2014 under the Community Bank System, Inc. Dividend Reinvestment Plan. Includes 186.404 shares acquired in 2014 under the Community Bank System, Inc. Dividend Reinvestment Plan. Includes 4.839 shares acquired in 2014 under the Community Bank System, Inc. Dividend Reinvestment Plan. The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date. Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person. Includes 227.8895 units acquired on January 9, 2015 pursuant to the Deferred Compensation Plan's dividend reinvestment feature. Each phantom stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock. Phantom Stock (Stock Balance Plan) may be settled upon the later of the reporting person's attainment of age 55 or termination of service on Community Bank System, Inc.'s Board of Directors. Includes 90.44 units of phantom stock acquired in 2014 under the Stock Balance Plan's dividend reinvestment feature. /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Brian R. Ace 2015-03-20